With 0.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.37 million shares. The 52-week range on OB shows that it touched its highest point at $7.87 and its lowest point at $3.58 during that stretch. It currently has a 1-year price target of $7.28. Beta for the stock currently stands at 1.46.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OB was down-trending over the past week, with a drop of -12.61%, but this was down by -39.86% over a month. Three-month performance dropped to -27.35% while six-month performance fell -13.05%. The stock gained 19.61% in the past year, while it has lost -39.69% so far this year. A look at the trailing 12-month EPS for OB yields -0.14 with Next year EPS estimates of 0.64. For the next quarter, that number is -0.14. This implies an EPS growth rate of 437.92% for this year and 48.44% for next year. EPS is expected to grow by 110.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.72%.
Float and Shares Shorts:
At present, 50.09 million OB shares are outstanding with a float of 30.30 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OB since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.07002485 being high and $0.06503866 being low. For OB, this leads to a yearly average estimate of $0.067566.
